Archive for the ‘Finance’ Category
Clare submitted questions on NAMA and house repossessions to the Minister for Finance this week. Unfortunately they weren’t selected from the lottery for debate on the floor of the House, but you can read his written responses below.
QUESTION NO: 15
DÁIL QUESTION addressed to the Minister for Finance (Deputy Michael Noonan)
by Deputy Clare Daly
for ORAL ANSWER on 23/06/2016
To ask the Minister for Finance if he has full confidence in the operation of the National Asset Management Agency, particularly following recent developments in relation to those involved with Project Eagle; and if he will make a statement on the matter.
NAMA’s continued progress is evident in the recently published 2015 Annual Report and Accounts. NAMA’s results highlight the continued achievements of NAMA and the positive impact NAMA is having on Ireland’s sustained recovery in carrying out its mandate both in terms of debt redemption, the delivery of the Dublin Docklands SDZ and the commercial funding of residential housing delivery.
Clare speaks about the authoritarianism of the EU’s budgetary surveillance system, which gives the totally undemocratic European Commission huge power over how the Irish State spends its money.
Clare raised the subservience of the Department of Finance to the drinks industry with the Minister for Finance, who failed to implement a sugar tax in the last Budget. A sugar tax would be an important weapon in the war that needs to be waged against growing obesity levels in Ireland. Clare also raised the unfair treatment of mortgage holders who are in arrears and unable to access tax relief in any form which would assist them in meeting their repayments